AJ Bell sells bespoke SIPP and SSAS arm to Investacc

AJ Bell has sold off its Platinum Self-Invested Personal Pension (SIPP) and Small Self-Administered Scheme (SSAS) arm to specialist pension provider Investacc for £18.5m. The bespoke service, designed for co-directors and partners in a business, currently has only 3,600 customers but £3.2bn of assets under administration. Offering a wider range of investment choices than the [...]